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Apartments for Rent in Oregon under $500

Apartments for Rent in Oregon under $500. 33 Rentals Available
33 Rentals Available
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  • a trailer park with no thru traffic and a sign
    5 units available
    Studio $445+
    Base rent
    Verified Listing

    1565 Siskiyou Blvd, Ashland, OR 97520
    Apply online • Pet friendly
  • 2661 Hugo Road Studio Apartment for Rent
    Only 1 unit left
    Studio $500
    Base rent
    Verified Listing

    2661 Hugo Road, Merlin, OR 97532
    Apply online • Pet friendly
  • two microwaves and two stoves in a kitchen
    Ask for Pricing
    Verified Listing

    1916 Homeview Dr, Medford, OR 97501
  • a bedroom with a bed and a living room with a table and chairs
    7 units available
    Studio $480+
    Base rent
    Verified Listing

    2065 S River Parkway, Portland, OR 97201
    Pet friendly
  • an empty kitchen with a large window overlooking a city
    9 units available
    Ask for Pricing
    Verified Listing

    2045 S River Parkway, Portland, OR 97201
    Pet friendly
  • a aerial view of a house and a building lit up at night
    4 units available
    Studio $335+
    Base rent
    Verified Listing

    8550 N Argyle Way, Portland, OR 97217
  • a street in a neighborhood with houses and trees
    1 bd $265+
    2 bd $320+
    Base rent Income restricted
    Verified Listing

    W. Ida St., Stayton, OR 97383
    Pet friendly
  • a living room with a table and chairs in the center
    Ask for Pricing
    Income restricted
    Verified Listing

    130 SW Court, Pendleton, OR 97801
    Pet friendly
  • a sign in front of an apartment building with cars parked
    Ask for pricing
    Income restricted
    Verified Listing

    99 W F St, Creswell, OR 97426
    Pet friendly
  • a kitchen with a wooden floor and a stove and a refrigerator
    Ask for Pricing
    Income restricted
    Verified Listing

    209 N Storie St., Wallowa, OR 97885
    Pet friendly
  • a group of houses with a playground in the yard
    Ask for pricing
    Income restricted
    Verified Listing

    1025 Park Ave., Woodburn, OR 97071
  • a white house with a street and trees
    Ask for pricing
    Income restricted
    Verified Listing

    2021 E 12Th Street, Florence, OR 97439
    Pet friendly
12-0-state

Frequently asked questions

When were prices and availability in Oregon last updated?

Prices and availability in Oregon were last updated on 25 May 2026.

What are the best apartments in Oregon?
What type of rental buildings are in Oregon?

In Oregon 37% of the housing is rented out compared to 63% of homes are owned, according to the most recent Census Bureau estimates. 15% of Oregon's apartments are found in large buildings of 50 units or more, 54% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.